Answer:
Inventory= $1,890
Explanation:
Giving the following information:
Tamarisk, Inc. just began business and made the following four inventory purchases in June:
June 1: 162 units $972
June 10: 216 units $1512
June 15: 216 units $1728 (1728/216=8)
June 28: 162 units $1458 (1458/162=9)
A physical count of merchandise inventory on June 30 reveals that there are 216 units on hand.
FIFO (first-in, first-out)
Inventory= 162*9 + 54*8= $1,890
Answer: B. your Debt to Credit ratio
Explanation:
Your debt to credit ratio is important to lenders because it shows whether you spend wisely when given debt.
Debt to credit is measured as the percentage of debt you have given your credit limit. If for instance you have a credit card limit of $50,000 and have debt of $10,000, your debt to credit ratio is:
= 10,000/50,000 * 100
= 20%
Generally the lower this ratio, the better the contribution to your credit score.
Look-alike Tasteeos sell for less price than the market-leading Cheerios brand. Cereal manufacturer has employed a cloner marketing strategy.
Cloner marketing strategy refers to creating a product by copying features of an already existing brand product. A manufacturer might copy the same features of distribution, production, labeling, ingredients, advertisement, and looks but the quality will differ from the leading brand.
Cloner is a parasitic marketing strategy that thrives on the investment of the major brand that another firm is copying to sell its products. To escape the copyright issue, these cloner firms make sure the name of the product is slightly different from that of the major brand.
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